Teachers, Don’t Miss Out on the Educator Expense Deduction!
The Educator Expense Deduction allows teachers, counselors, and other eligible educators to deduct up to $300 annually for out-of-pocket classroom supplies and professional development costs. This deduction can help reduce your taxable income, making your essential, often...
Retirement Tax Tips: Minimize Taxes and Maximize Your Income
The information in this article is up to date for tax year 2024 (returns filed in 2025). No matter your age, it’s never too soon to start planning for your future. When considering your retirement, whether it’s around the corner or still decades away, it’s important to account for...
Is Rent Tax Deductible?
The information in this article is up to date for tax year 2024 (returns filed in 2025). Is rent tax deductible? Unfortunately, the answer is generally no for federal taxes. However, there are some exceptions and state-specific rules that might help. In this article, we’ll explore...
2024 Child Tax Credit: What’s New [+ FAQ]
The information in this article is up to date for tax year 2024 (returns filed in 2025). Have kids? If they’re under the age of 17, you may be able to claim a tax credit worth up to $2,000 per qualifying child. Currently, up to $1,700 of the credit is refundable. Find out what the...
What is the Premium Tax Credit: A Simplified Guide
The information in this article is up to date for tax year 2024 (returns filed in 2025). Health insurance can be costly, with premiums, deductibles, and out-of-pocket expenses adding up quickly. For many, finding affordable coverage feels like a constant struggle. Luckily, the...
Year-End IRA Reminders
The information in this article is up to date for tax year 2024 (returns filed in 2025). As 2024 draws to a close, we have a few year-end reminders for those who already have an Individual Retirement Account (IRA) or plan to open one soon. Individuals can choose a brokerage, bank,...
Can You Claim the Child and Dependent Care Credit?
The information in this article is up to date for tax year 2024 (returns filed in 2025). For many working families, the cost of childcare is a huge financial burden. According to Care.com, parents spend an average of $321 per week on daycare costs. That’s almost $1,300...
6 Ways to Increase Your Tax Refund
Want to increase your tax refund this season? You’re not alone. Most people want to get back as much as they can or at least pay no more than necessary. The hard part is knowing where to start. Luckily, you have ezTaxReturn in your corner. We’ll shed some light on several...